Risk awareness, capital markets and catastrophic risks

Policy issues in insurance, no.14:

This publication compiles a series of reports reflecting the OECD’s extensive work in the field of risk awareness, capital markets and catastrophic risks, over recent years to the improvement of the financial management of major catastrophes both through the activities.

These reports include: (i) a stocktaking of initiatives to promote natural hazard awareness and disaster risk reduction education, resulting in the publication of a policy handbook; (ii) a review of and recommendations on catastrophe-linked securities and the role of capital markets in supporting the financial mitigation of large-scale risks, aimed at governments promoting these instruments; (iii) a review of current mechanisms used to quantify catastrophe losses within the OECD; and (iv) a review of hazard risk mapping efforts in South East Asian countries.